Question: Check 3 Required information The Chapter 9 Form worksheet is to be used to create your own worksheet version of the Review Problem example in

 Check 3 Required information The Chapter 9 Form worksheet is tobe used to create your own worksheet version of the Review Problemexample in the text. Part 2 of 2 Requirement 2: Revise the

Check 3 Required information The Chapter 9 Form worksheet is to be used to create your own worksheet version of the Review Problem example in the text. Part 2 of 2 Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: 10 points A B C D E H Chapter 9: Applying Excel N 3 Data eBook 4 Revenue $ 16.50 q 5 Cost of ingredients $ 6.25 q Print 6 Wages and salaries $ 10,400 7 Utilities $ 800 + $ 0.20 q 8 Rent $ 2,200 References 9 Miscellaneous $ 600 + $ 0.80 q 10 11 Actual results: Revenue $ 30,270 13 Cost of ingredients $ 11,045 14 Wages and salaries $ 10,430 15 Utilities $ 1, 135 16 Rent $ 2,200 17 Miscellaneous $ 2,035 18 19 Planning budget activity 1,700 meals served 20 Actual activity 1,800 meals servedReferences Required information a. What is the activity variance for revenue? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance. The amount of the activity variance for revenue b. What is the spending variance for the cost of ingredients? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and \"None" for no effect (i.e., zero variance. The amount of the spending variance for the cost of ingredients References Required information c. What is spending variance for wages and salaries? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance. The amount of the spending variance for wages and salaries d. What is spending variance for total expenses? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance. The amount of the spending variance for total expenses Ceck

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!